
Virtual Reality 2.0: How VR may get another chance in India
Not long ago, virtual reality was mostly seen as a futuristic gaming gimmick. Now? It's gearing up to become a serious part of everyday life in India, across classrooms, hospitals, workplaces, and even cultural experiences. The next generation of VR, or 'VR 2.0,' is here, and it's quietly gaining ground.
What's changed? For starters, the headsets themselves. They're no longer clunky, expensive toys for early adopters. Today's VR gear is sleeker, more affordable, and far more comfortable. Higher-resolution displays, smoother motion tracking, and AI integration mean better immersion with less eye strain.
Faster internet, thanks to the spread of 5G, is reducing latency and making real-time interaction feel more natural. Global tech giants and Indian startups alike are jumping in with products that speak to local needs. Regional language support and India-specific content are making it more relatable and accessible than ever.
Education is one of VR's biggest wins. From government schools in rural districts to private classrooms in metro cities, virtual lessons are turning abstract concepts into interactive experiences. Think: science labs, history walks, or virtual geography tours, without ever leaving the classroom.
In healthcare, VR is helping doctors practice complex procedures, supporting patient rehab, and even being used in mental health therapy sessions.
Corporate training is getting an upgrade too. Companies are using VR to run safety drills, teach soft skills, or onboard new hires, all in risk-free, simulated environments.
Entertainment and travel haven't been left out either. From virtual concert halls to digital tourism that lets you "visit" the Taj or the Louvre from your couch. Indian users are starting to embrace immersive leisure.
Government-backed social initiatives are also turning to VR for skill development, community awareness, and remote collaboration, especially in regions with limited physical infrastructure.
Of course, not everything is smooth sailing. High costs, patchy internet, and digital literacy gaps, especially in rural areas, are real challenges. But efforts from both the public and private sectors are making headway. Subsidized devices, local partnerships, and content in regional languages are helping bridge the gap.
As awareness grows and hardware gets cheaper, VR could become a household tech staple, just like smartphones did a decade ago.
Virtual reality in India is no longer just an add-on. It's evolving into a tool that can inform, educate, heal, and entertain. The future is immersive, and India is logging in.

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Time of India
43 minutes ago
- Time of India
Lessons from space can help Indian auto leap ahead, says Pawan Goenka
As India races towards an electric mobility future, industry veteran Dr Pawan Goenka , Chairman of IN-SPACe and former Managing Director of Mahindra & Mahindra , believes the road ahead must begin with a fundamental transformation of India's automotive supply chain — starting with localising high-quality component manufacturing. 'In EVs, low-hanging fruits are already picked. We need to reach higher now,' Goenka told ET Manufacturing at the sixth edition of the Auto Tech Summit. 'India simply cannot afford to lag in developing capabilities for all major EV components — battery packs, motors, controllers, chargers, power electronics — everything. Today, the challenge isn't talent or ambition. It's scale.' Despite the emergence of hundreds of Tier-1 and Tier-2 suppliers across the country, Indian manufacturers still depend heavily on imports for several critical components, especially motors and advanced battery systems in the four-wheeler segment. Goenka pointed out that although battery pack assembly is now being done locally by most OEMs, large-scale motor manufacturing for electric cars remains elusive. 'Three-wheeler and two-wheeler motors are made here, but four-wheeler motors are still being imported. That must change,' he said. The Indian auto component industry recorded its highest-ever revenue of ₹5.6 lakh crore in FY24, according to the Automotive Component Manufacturers Association (ACMA), representing a 14.6 per cent year-on-year growth. The country also exported components worth $20.3 billion during the same period, showing India's competitiveness in global supply chains. But growth, Goenka said, is being held back by fragmentation and lack of scale. 'Multiple suppliers catering to small volumes means no one achieves efficiency. What's needed now is collaboration among OEMs — not competition — in sourcing key EV components. That's how we built scale in ICE vehicles over 25 years. We need to do the same for EVs.' He also warned OEMs not to regress to a 1990s mindset — prioritising short-term margins over long-term capability building. 'This is the time to push the supplier ecosystem forward, not cut corners,' he said. Space-age lessons for automotive scale Goenka's transition from the automotive sector to leading India's space commercialisation push has only reinforced his perspective on building ecosystems. 'Every sector change is an opportunity to learn and contribute. When I moved from cars to space, the technology complexity was staggering. But what I brought from automotive — supplier development, manufacturing discipline, ecosystem thinking — proved very useful.' He noted that while technology is unlikely to flow from automotive into space due to complexity gaps, process innovations certainly can. 'Space manufacturing today operates in batch mode. Automotive has mastered continuous flow. That's a mindset we can apply in space to scale faster,' Goenka said. India's space sector is also witnessing a parallel shift. Since the opening of the space economy to private players in 2020, over 190 space-tech startups have emerged in India, with investments crossing ₹1,000 crore in the past 24 months, as per IN-SPACe estimates. The ambition now is to grow India's share in the global space economy from the current 2 per cent to 10 per cent in the next decade — a leap that would require ecosystem-level thinking similar to what the automotive industry experienced two decades ago. Conversely, the automotive sector can stand to gain a lot from aerospace — if cost barriers are cracked. Technologies like advanced sensors, gyroscopes, anti-vibration systems, and thermal insulation, which are critical in space missions, could be translated into automotive use cases — particularly safety — if frugally engineered. 'The real challenge is bringing those costs down by removing unnecessary features and localising production. Institutions like ARAI could play a key role in bridging that gap,' he noted. Road Safety: A Cultural Imperative When asked about safety — especially for India's vulnerable two-wheeler users — Goenka acknowledged that while vehicle safety has improved drastically, the deeper issue lies elsewhere. 'Ten years ago, Indian cars weren't safe. Today, thanks to Gadkari's push, our norms match global standards. But the bigger problem is behaviour — lack of discipline on roads, refusal to wear helmets, disregard for rules. That's where we are failing.' India accounted for nearly 1.68 lakh road accident deaths in 2022, with two-wheelers involved in over 44 per cent of fatal crashes, according to Ministry of Road Transport and Highways data. Despite improved crash-test regulations and the proliferation of safer cars, India still leads the world in road fatalities. Goenka was blunt in his criticism: 'Educated people not wearing helmets — what could be more foolish? You're risking your life for what? There's no excuse. It's not a technology issue; it's a societal one.' EV Adoption: From promise to pragmatism Goenka was candid about the electric vehicle (EV) adoption journey in India. 'Three-wheelers led the charge because it made direct economic sense — more earnings, lower running costs. Mahindra's Treo helped create that ecosystem. Two-wheelers followed due to aggressive startup activity and affordability. But four-wheelers and commercial vehicles? OEMs just didn't back them early enough.' He believes momentum is finally picking up, thanks to improving products and falling battery costs. The average price of lithium-ion cells dropped by nearly 14% in 2023 globally, according to BloombergNEF, making EVs more competitive with ICE vehicles. 'New launches like the Tata BE.9, Maruti's eVX, and upcoming Korean models are changing the landscape. Once these vehicles become mainstream, adoption will accelerate. I drive a BE.9 myself — it's a joy. Costs ₹2 per km to run, compared to ₹17 for petrol. I took it to Pune and back without charging — range anxiety is no longer a real issue.' India's overall EV penetration stood at around 6.4 per cent in FY24, led primarily by electric two-wheelers and three-wheelers, which together account for nearly 90% of total EV sales. The passenger car EV segment, while growing, still forms only about 2 per cent of the total car market. Goenka expects this to change steadily: 'Let's not expect miracles. I would cautiously say 10 per cent penetration for EV four-wheelers by 2030 is achievable — provided manufacturers continue to launch compelling products and maintain pricing discipline.' He also dismissed the often cited charging infrastructure concern. 'Range has gone up so much that charging at home is enough for most use cases. Public chargers are growing anyway. That challenge is mostly behind us.' From space-grade safety principles to coordinated localisation in EVs, Dr Goenka's central message is clear: India must stop thinking small. Whether it's components, scale, or vision, the next phase of Indian mobility will demand more collaboration, deeper innovation, and unwavering focus on long-term value.

Economic Times
an hour ago
- Economic Times
Traditional IT in a spot; betting on 4 midcap platform companies: Dipan Mehta
Dipan Mehta, Director, Elixir Equities, says traditional Indian IT software services companies face disruption from global platform companies, specialized local players like Newgen Technologies, Aurionpro and Sagility, and Fortune 500 clients establishing global capability centers (GCCs) in India. These clients are investing heavily in innovation and leveraging India's human resources directly, impacting the traditional software services model. This shift is redirecting employment and innovation away from established Indian IT firms. ADVERTISEMENT Mehta further says companies like RateGain Technologies, Affle India, Zaggle Prepaid, IndiaMART InterMESH are the future. Where do you think Indian IT is headed given that certain global factors are not completely at rest and the kind of exposure IT has to the US? Dipan Mehta: Indian IT industry is in a bit of a spot. The growth rates have secularly come down. I have been tracking the industry for the last 25 years. The Y2K moment was about 25-26 years ago or so. These companies have shown phenomenal growth over the past several decades. But in the last three-four years, growth rates have come down to a trickle. They are as low as 3.5-4% profit growth for the top five-six companies. There are many reasons we can go into IT. But from an investor's perspective, when we are reviewing a sector or a company, we want a minimum 15% topline growth rate on a consistent basis over a three-five-year period. Only then can we get decent returns and have some sort of a wealth building process and that does not seem to be happening in any of the traditional software services companies with the exclusion of maybe a Persistent Systems or a Coforge. By and large, the largecap and midcap software service companies are in a secular slow growth mode and that is a big problem for investors in those companies. We are looking at AI becoming more centrestage. We are looking at more and more tech in everyone's life. Tech usage is going higher, but Indian IT companies are losing their importance. So, who will be the beneficiary in India and what should Indian investors look at because if AI and tech enablement is the basic theme, how can one maximize profit from IT? Dipan Mehta: Who are the winners is a billion dollar question. There is no doubt that India has a lot of tech talent and the industry is investing heavily into training for AI but there are very few in the listed space. But there is another trend that we should talk about. There was a time when a lot of the enterprises would develop their own systems, meaning either they make it themselves or get it made by Indian software services companies. That was application development and application maintenance and the IP for these applications was with the enterprise. Now, the entire thinking has changed and company after company wants to go on the cloud, wants to use a platform or a product and they want to reduce the cost of investing in technology. Also, there are so many technological disruptions taking place and they want to avoid those risks as well. ADVERTISEMENT So, the companies which focus on platforms and products will be the winners and right now in the Indian ecosystem, only two or three companies come to mind. One is Newgen Technologies, which is more of a platform product company; then there is Aurionpro, which is more of a platform product company, and then there are certain very specialised players like there are certain specialised players with focus on specific verticals which may do well. But it is very difficult to find good plays within the technology space listed in India. ADVERTISEMENT Given the fact that the sector is going into such an environment where we do not know what discretionary spending will be like, and what AI will do for the IT space, what should investors do and how should they read onto the valuation picture? Dipan Mehta: Valuations come into play when you actually see growth. If there is no growth, what is the point of taking any further study in the company in terms of where it is trading at, and what its valuations are? Sure, they can get cheap from time to time, we could have solid rallies in them, but at the end of the day, when you take a two, three, five, ten-year view, I am not sure these companies can deliver solid returns going forward. I think finally the Indian IT company has been disrupted by these product platform companies, global companies, and also they have been disrupted by their own Fortune 500 clients coming into India. The clients are the biggest source of employment. They are setting up their own global capability centres (GCCs). They are investing heavily in the front office, back office. Top level innovation teams are coming into India. So, globally India is still taking advantage of the massive amount of human resources available at a reasonable cost within India, it is just that it is not flowing through the software services companies. ADVERTISEMENT I think these companies are truly in a big spot and there is no scenario where they can go back to that double-digit, 12-13% type of growth rate. The unfortunate part is that – as I read from Accenture's management commentary – even a 7-8% growth year-on-year is a good quarter for them. So, if a 7-8% growth is a good quarter for the management of such a large company, what does it tell the investor? Investors are not going to be happy with 7-8% topline growth. There is a mismatch of expectations of the investor versus what the managements expect they can grow at. If I use the word new tech, there is this entire digital brigade, Policybazaar or for that matter Zomato or Swiggy, or even Paytm. Then, there are niche product companies like RateGain which essentially are in the business of SaaS or providing software services. Where would you pick your spots in this niche IT space? Which are some of the unique companies like Affle, which are small today but can really become giant in five years? Dipan Mehta: You have taken the discussion in the right direction and there are these whole host of B2C tech platforms and that is where a lot of Indian investors are focusing on. Right now, we are classifying them as consumption players or as fintech players or as edtech or for that matter travel tech. But these are the real technology companies in India that investors should focus on. And there are some great stories over there. I will give the usual disclosure that our views are biased. I think companies like RateGain Technologies, Affle India, Zaggle Prepaid, IndiaMART InterMESH are the future. Of course, there are the larger ones like Paytm and Swiggy and Zomato, but these large platform companies including Policybazaar are still bleeding in a way and eventually when they get into profitability we will see what returns they can give. But there is a whole host of midcap platform companies that I named which are generating solid profits and cash flow. They have their ups and downs, but at the end of the day, they will deliver very good returns over the next three to five years as they scale up the business model and take advantage of operating leverage. ADVERTISEMENT


Hans India
an hour ago
- Hans India
Inbase Launches Torque Portable Bluetooth Speaker with 8W Sound, LED Lights & IPX6 Protection at an Affordable Price Range
New Delhi, 27th June 2025: Inbase Technologies, one of the leading brands in mobile accessories, has announced the launch of its latest portable Bluetooth speaker – Torque. Compact, powerful & versatile, this lightweight speaker delivers crystal clear deep bass sound through its 8W high-performing drivers and offers up to 7 hours of non-stop playtime. It features built-in LED Sense Lights that's in sync with the beat of the music, providing an immersive experience. The wireless bluetooth speaker also comes with a built-in microphone for hands-free calling. It also supports Type-C fast charging and is rated IPX6 water resistance, while its True Wireless Stereo (TWS) function lets the user link two speakers for instant stereo sound. Priced at just Rs. 899/-, the speaker is available on Amazon, Flipkart & brand website. Inbase Torque will be available in all major offline retail stores from 30th June 2025. Talking about the launch, Mr. Nitesh Kumbhat, Co-Founder of Inbase Technologies said, 'Indian consumers deserve a speaker that's portable, versatile and has exceptional sound output. We have designed this speaker to be the most versatile multi-purpose companion for audiophiles. It is great for small parties, meetings and more – whether you are travelling or at home. This launch not only strengthens our lifestyle audio-lineup but also positions Inbase to capture the affordable segment of the portable speaker market.' Specifications and Features 8W Punchy Deep Bass Sound: Delivers crisp, rich, and punchy audio—perfect for home, travel, or spontaneous jam sessions. Multi-color LED Mood Light: Built-in Sense Light pulses with every beat, creating a mini light show that enhances the listening vibe. True Wireless Stereo (TWS) Mode: Inbase Torque comes equipped with TWS functionality, allowing users to pair two speakers wirelessly for a seamless, stereo-like surround sound experience. IPX6 Water Resistance: Rugged enough to handle showers, pool parties, or beach days without worry. 7-Hour Playtime: Long-lasting battery ensures uninterrupted music from morning workouts to midnight hangouts. Type-C Fast Charging: Modern and convenient charging support for on-the-go lifestyles. Bluetooth 5.3: Offers smooth and stable connectivity across smartphones, laptops, and tablets. Built-in Microphone: Take calls, record voice notes, or chat hands-free without needing to reach for your phone. Travel-Ready Design With Loop: Comes with a carabiner and strap, making it easy to clip and carry anywhere. Price and Availability Inbase Torque is available at a limited time introductory price of Rs. 899/-. Customers can buy it from popular online shopping platforms, and all major offline retailers. With its premium features and accessible pricing, Inbase Torque redefines the portable wireless speaker experience for Indian consumers.